78 Merimbula DriveMerimbula NSW 2548
Property Details for 78 Merimbula Dr, Merimbula
78 Merimbula Dr, Merimbula is a 7 bedroom, 5 bathroom House with 5 parking spaces. The property has a land size of 1606m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (October 2021)
This is one of those sought after real estate opportunities that will excite your investment portfolio. Situated on 1,606m2 of prime Merimbula land is this five-unit complex, on two titles, with ocean views on one side & Merimbula lake views on the other. This recently renovated complex consists of 3 x 1 bedroom units & 2 x 2 bedroom units, all currently tenanted with excellent & competitive returns. This unique property offers a great opportunity to diversify your investment portfolio or the flexibility of a live-in unit for yourself with rental returns from the other 4. Located in the heart of the stunning Sapphire Coast & offering sun-kissed coastal freedom, where mornings and weekends spent fishing, paddle boarding, surfing & kayaking on Merimbula's spectacular waterways are a way of life. Simply add this complex to your rental portfolio as-is and enjoy an instant return on your investment.
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• New kitchen in all 5 units
Freshly painted throughout both the interior & exterior of the complex
• Sun filled interiors with each unit having open plan living, dining & kitchen areas
• Easy care grounds with plenty of off-street parking for tenants & visitors
• Expansive rear yard with scenic outlook to Merimbula Lake & unspoilt bushland beyond
• Enjoy a vibrant mix of restaurants, cafes, clubs & sporting facilities within easy reach
Property History for 78 Merimbula Dr, Merimbula, NSW 2548
- 26 Oct 2021Sold for $1,400,000
- 26 Jul 2021Listed for Sale $1,450,000
- 18 Apr 2018Sold for $650,000
Recent sales nearby
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0About Merimbula 2548
The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2016 was 3544 people. By 2021 the population was 3821 showing a population growth of 7.8% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation.In 2021, 63.00% of the homes in Merimbula were owner-occupied compared with 58.30% in 2016.
Merimbula has 3,610 properties. Over the last 5 years, Houses in Merimbula have seen a 34.05% increase in median value, while Units have seen a 46.04% increase. As at 30 April 2026:
- The median value for Houses in Merimbula is $942,798 while the median value for Units is $538,432.
- Houses have a median rent of $700 while Units have a median rent of $480.
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